Copper price rises despite global economic pessimism Inflation data in Germany and Japan and statements from European and US central bankers suggest that rapid, economically damaging interest rate rises will continue. MINING.COM Staff Writer | August 19, 2022 | 8:39 am
China power curbs shutter 500,000t of zinc smelting capacity All zinc smelters in Sichuan halted production early this week, and a small smelter based in neighbouring Hunan province also stopped operations. Reuters | August 19, 2022 | 8:26 am
Indonesia may impose nickel export tax this year, President Jokowi says He also confirmed in an interview that Indonesia would impose a carbon tax before the end of the year. Bloomberg News | August 19, 2022 | 8:16 am
The big money Musk sees in lithium is getting harder to make Shrinking profit margins suggest the mining end of the business might still be a better bet. Bloomberg News | August 19, 2022 | 8:05 am
ERG halts iron ore supply to Russia’s MMK due to sanctions The United States included MMK in its latest round of sanctions this month. Reuters | August 19, 2022 | 7:53 am
Road blockades remain around Zijin’s Colombia project The blockades were set up around the gold mine in Buritica municipality on Aug. 12 to demand a rescue mission to find informal miners. Reuters | August 19, 2022 | 7:49 am
FLSmidth raises 2022 sales outlook Company will suspend new business in Russia and Belarus and wind down activities in those countries. Reuters | August 19, 2022 | 7:46 am
China demand doubts darken mood as miners baulk at energy costs The IMF forecast that global growth could slow to 2.9% in 2023. Reuters | August 19, 2022 | 7:41 am
Lundin Mining faces charges in Chile for massive sinkhole near mine Chile's minister of mining said ongoing investigation signals the sinkhole was a product of "mining overexploitation". Cecilia Jamasmie | August 19, 2022 | 6:58 am